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Singapore billionaire grows Shenzhen Mindray by US$3.8 billion a month and pledges more as 'golden decade' beckons

Singapore billionaire grows Shenzhen Mindray by US$3.8 billion a month and pledges more as ‘golden decade’ beckons
Iris Ouyang [email protected]
A statue of a bull is displayed outside the Shenzhen Stock Exchange in the southern Chinese city of Shenzhen. Photo: Reuters
In less than three years since its home debut, Shenzhen Mindray Bio-Medical Electronics has handed stock investors greater returns than all the largest companies traded on the Shanghai and Shenzhen exchanges bar two.
The stock s 992 per cent total return from mid-October 2018, in US dollar terms, easily surpassed the CSI 300 Index by more than 10 times. Only a dozen companies with at least US$20 billion of market capitalisation, such as Tesla and Singapore-based Sea Ltd, have performed better on the global stage over the period. ....

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China's carbo neutral goal: Cainiao, JD.com and online retailers say all that mountain of plastics and packaging have to go

China’s carbon neutral goal: Cainiao, JD.com and online retailers say all that mountain of plastics and packaging have to go
Illustration: Henry Wong/SCMP
Outside a residential compound in the Longhua district in southern China s technology metropolis Shenzhen, home to some of the country s most advanced companies, a quiet revolution is unfolding.
A green, giant recycling bin outside the delivery room of the compound receives discarded cartons, plastic wrappings and packaging of nearly 1,000 parcels on an average day. Operated by Cainiao, the logistics arm of Alibaba Group Holding, the recycle bin and the delivery room are among 80,000 established since 2017 across China to spearhead Cainiao s campaign to reduce, reuse and recycle packaging in the world s largest e-commerce market. ....

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Bring your own food container, or let Hong Kong drown under waste that could fill 48 IFC buildings

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Bring your own food container, or let Hong Kong drown under waste that could fill 48 IFC buildings
The volume of single-use packaging waste generated from takeaway meals has skyrocketed. Photo: AFP
Having doubled during the coronavirus pandemic, Hong Kong s appetite for takeaway meals has produced more disposable packaging waste than the city is equipped to deal with.
The city s culture of convenience has made consumers no stranger to dining on-the-go. Even before the pandemic, each Hongkonger ordered an estimated average of 170 takeaway meals and 180 to-go drinks every year. ....

Hong Kong , Causeway Bay , Hong Kong General , Lung Kwu Tan , Republic Of , Hong Kong Island , South Korea , Jonathan Wong , Nora Tam , Hong Kong Legislative Council , South China Morning Post , Environment Bureau , Bills Committee , China Morning Post Publishers Ltd , Legco Bills Committee , Global Impact , South China Morning Post The , South China Morning Post Rubbish , Waste Blueprint , South China Morning Post Staff , Legislative Council , China Morning Post Publishers , ஹாங் காங் , காஸ்வே வளைகுடா , ஹாங் காங் ஜநரல் , நுரையீரல் க்வு பழுப்பு ,

What would happen if online deliveries from China's tech giants stopped overnight? This city offers a glimpse

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What would happen if online deliveries from China’s tech giants stopped overnight? This city offers a glimpse
Yujie Xue [email protected]
Volunteers check orders of daily necessity goods at a supermarket according to requests from residents in quarantine in Tonghua, northeast China s Jilin Province, Jan. 24, 2021. Photo: Xinhua/Xu Chang
A humanitarian crisis of sorts took place in a Chinese town last week after the local authority imposed draconian measures to lock down 300,000 residents to contain an outbreak of Covid-19. ....

North Korea , Chen Tao , Zhuang Shuai , Xinhua Xu Chang , Qilai Shen Bloomberg , Kevin Li , Jiang Haiyan , Chengxin Youxuan , China Post , Tonghua Iron Steel Group Co , South China Morning Post , Alibaba Group Holding , China Morning Post Publishers Ltd , Jilin Province , Global Impact , Tonghua Iron , Steel Group , South China Morning Post Water , Duo Maicai , Meituan Selected , South China Morning Post Workers , South China Morning Post Staff , China Morning Post Publishers , வடக்கு கொரியா , சென் தாவோ , ஜுவாங் ஷுை ,